Ragnar Frisch Quotes


Deep in the human nature, there is an almost irresistible tendency to concentrate physical and mental energy on attempts at solving problems that seem to be unsolvable. Indeed, for some kinds of active people, only the seemingly unsolvable problems can arouse their interest.


Citations

Frisch, Ragnar. "From Utopian Theory to Practical Applications: The Case of Econometrics." Nobel Lectures, Economics 1969-1980, edited by Assar Lindbeck, World Scientific Publishing, 1992.

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Ragnar Frisch
Ragnar Frisch
  • Born: March 3, 1895
  • Died: January 31, 1973
  • Nationality: Norwegian
  • Profession: Economist

Ragnar Anton Kittil Frisch was a Norwegian economist and the co-recipient of the first Nobel Memorial Prize in Economic Sciences in 1969 (with Jan Tinbergen). He is known for being one of the founders of the discipline of econometrics, and for coining the widely used term pair macroeconomics/microeconomics in 1933.